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Market Research to Target a Specific
Customer
In this topic
40 notes
in 6 sections
Section 1
The purpose of market research
Market research definition
Reducing risk through market research
Aiding decision making
Understanding the market
Customers' needs and wants
8 notes
·
9 min read
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Section 2
Primary market research methods
Primary and secondary market research
Physical and digital market research
Quantitative and qualitative data
Observations
Questionnaires and surveys
10 notes
·
15 min read
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Section 3
Secondary market research sources
Advantages of secondary market research
Disadvantages of secondary market research
Internal data
Books, newspapers and trade magazines
Competitors' data
7 notes
·
8 min read
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Section 4
Types of data
Benefits and limitations of quantitative data
Benefits and limitations of qualitative data
Combining quantitative and qualitative data
Collating data
External data
6 notes
·
8 min read
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Section 5
Types of market segmentation
Market segmentation
Target markets
Age and gender segmentation
Occupation and income segmentation
Location and lifestyle segmentation
8 notes
·
10 min read
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Section 6
Benefits of market segmentation
Exam technique: benefits of segmentation
1 note
·
1 min read
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